White House opposes 'default prevention act' in U.S. House

Reuters News
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Posted: Oct 20, 2015 6:36 PM

WASHINGTON (Reuters) - The White House said on Tuesday that President Barack Obama would veto the Default Prevention Act, a bill introduced in the U.S. House of Representatives.

The bill would allow the United States to pay certain obligations but not others, a move the White House said would trigger a default on U.S. debt.

(Reporting by Julia Edwards; Editing by Sandra Maler)